HONDA SCHOOL OF MOTORCYCLING - NEW RIDER PROGRAMME

Everything you need to get on two-wheels spreading the upfront costs.

THE COMPLETE PACKAGE

Getting on two wheels can feel like a daunting task. First, there's the training, Compulsory Basic Training test and full licence. Then there's the multitude of bikes to choose from, from Super Sport bikes to Adventure models. And on top of that, there's all the clothing and safety equipment you will need. Our Honda School of Motorcycling NEW RIDER PROGRAMME gives you everything you need to get on two wheels and helps you spread the costs into monthly payments**, covering:

TRAINING + TEST + MOTORCYCLE + SERVICE PLAN + RIDER KIT

The Complete Package

The below are PCP Finance Representative Examples for a selection of our models, however the offer is available across most of our range (excluding our CBR1000RR-R Fireblade and GL1800 Gold Wing models). New Rider Programme is made up of a Restricted Use Loan and Personal Contract Purchase product based on the representative finance examples below.

23YM CB750 HORNET

 

Personal Contract Purchase (PCP) Representative Example

On The Road Price* £7,299.00
Customer Deposit £1,033.03
Total Amount of Credit £6,265.97
Total Charge for Credit £1,203.52
Duration 37 Months
36 Regular Monthly Payments £99.00
Optional Final Payment £3,895.42
Optional Final Payment inc Option to Purchase Fee £3,905.42
Total Amount Payable £8,502.52
APR Representative** 7.9%
Option to Purchase Fee £10.00
Annual Contracted Mileage 4,000
Excess Mileage Charge Per Mile £0.04
Annual Rate of Interest (Fixed) 7.57%

TRAINING + TEST + RIDER KIT

Representative New Rider Programme Finance Example

TRAINING + TEST + RIDER KIT £1,400.00
Customer Deposit £0.00
Total Amount of Credit £1,400.00
Total Charge for Credit £213.92
36 Regular monthly payments £44.83
Duration 36 months
Total Amount Payable £1,613.92
Representative APR 9.9%
Interest Rate per Annum 9.48%

 

Terms and Conditions

New retail CL500 23YM, CB750 Hornet, CMX1100 Tour & CB125F (all variants) ordered with Honda and finance approved by Honda Finance Europe from 1 October 2024 to 30 November 2024 and registered by 30 November 2024.

*OTR may be subject to change due to actual or unexpected changes in tariffs, duties taxes or other costs which may affect importation or other costs of supply. Subject to model and colour availability.

Offers applicable at participating dealers and are at the promoter's absolute discretion (excluding Channel Islands). 

7.9% APR Representative Personal Contract Purchase (PCP)  Representative example based on 3 years 7.9% PCP. Excess mileage rate applies. Final payment includes £10 option to purchase fee. Maximum customer deposit 30%. At the end of the agreement, there are three options: i) Retain: Pay the optional final payment to own the vehicle, ii) Return: Return the vehicle, or iii) Renew: Part exchange your Honda for a new one. You do not have to pay the Final Payment if you return the bike at the end of the agreement and you have paid all other amounts due, the bike is in good condition and has been serviced in accordance with the Honda service book and the maximum annual mileage has not been exceeded. Excess mileage charge includes VAT at current rate.

9.9% APR Representative Restricted Use Loan (RUL) Representative example based 3 Years 9.9% RUL. The ‘Total Amount Payable’ is outstanding until the ‘Total Amount of Credit’ and ‘Total Charge of Credit’ is paid off.

**New Rider Programme, Training and Accessories Loan, Offer valid between from 1 October 2024 to 30 November 2024. The Restricted Use Loan monthly payments will be tailored according to the accessories and training you select. Offer is only available at participating Honda dealers. All accessories are subject to availability and the dealer will help you choose a training package best suited to your needs. Finance is subject to status, to UK residents aged 18 or above only. Guarantees may be required. Terms and conditions apply.

Honda Financial Services is a trading name of Honda Finance Europe PLC,Cain Road, Bracknell, Berkshire RG12 1HL a company registered at Companies House No 03289418. Honda Finance Europe plc is authorised and regulated by the Financial Conduct Authority, Financial Services Register number 312541.  

Honda Financial Services is the finance provider for the New Rider Programme. Honda Finance is not the supplier of the bike, accessories or training (CBT). Your bike is manufactured by Honda Motor Europe Limited and is distributed through one of the Honda Franchise dealers, who is likely to have introduced you to the New Rider Programme and is therefore acting as a credit broker, not a lender. They may have received a commission for introducing you to Honda Finance and you can ask them for more information about that. Your accessories are provided by Honda Motor Europe.

The dealer is responsible for helping you to choose which CBT package is best suited to your needs. They will introduce you to a CBT provider of their choice. Honda Finance does not accept any responsibility for the bike, accessories or CBT package you accept.

Finance is subject to status, to UK residents only and to those aged 18 or above only. Guarantees may be required. Terms and conditions apply.

Indemnities may be required in certain circumstances. Finance is only available to persons aged 18 or over, subject to status. All figures are correct at time of publication but may be subject to change. Honda Franchise Dealers are credit brokers, not lenders. As the dealer offers products from a limited number of carefully selected finance providers, they are not independent financial advisors. We may or may not make a payment and / or reward to the dealer if you enter into an agreement with us. Credit provided by Honda Finance Europe Plc. Honda Financial Services is a trading name of Honda Finance Europe Plc. Cain Road, Bracknell, Berkshire RG12 1HL a company registered at Companies House No 03289418. Honda Finance Europe plc is authorised and regulated by the Financial Conduct Authority, Financial Services Register number 312541.

 

© Copyright 2024 Farnham Honda. All rights reserved

THE FINANCIAL CONDUCT AUTHORITY (FCA)
The FCA is the independent watchdog that regulates financial services. Please use this information to decide if our services are right for you.

We are authorised and regulated by the FCA and we act as a Credit Broker.  Our FCA Reference Number is 668881. You can check this on the FCA’s Register by visiting the FCA’s website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768. 

Farnham Honda is the trading name for Bikenation MCS Limited, Unit 1 9a, Farnham Trading Estate, Farnham, Surrey, GU9 9NN.

DELIVERING A GOOD OUTCOME
We have an obligation to act to deliver good outcomes to our customers. We will do this by supporting you before, during and after the transaction. We will clearly explain to you any significant exclusion terms, all pricing information and your cancellation rights. 

CONSUMER CREDIT DISCLOSURE
As a Credit Broker this means that we can introduce you to a limited number of lenders and their finance products. We act on behalf of the lender. We can provide you with a list of our lenders should you wish for. All our lenders are regulated by the FCA. 

We do not charge you a fee for our services. 

Whichever lender we introduce you to, we will typically receive commission from them. This will either be a fixed fee or a fixed percentage of the amount you borrow.  

If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. The lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay. Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders. 

All finance applications are subject to status which we will explain to you clearly. 
Typically, the finance packages we offer are: 

HP – Hire Purchase
PCP – Personal Contract Purchase
PCH – Personal Contract Hire 

A full explanation for the different types of finance products available will be provided so you can make an informed choice.  You will receive a quotation which will tell you about any other fees relating to your finance agreement made by your chosen lender.

WHAT TO DO IF YOU HAVE A COMPLAINT
If you wish to register a complaint, please contact us by email at HYPERLINK "mailto:cc@farnhamhonda.co.uk"cc@farnhamhonda.co.uk, by phone on 01252 8991800 or writing to The Complaints Team, Farnham Honda, 9A Farnham Trading Estate, Farnham, Surrey, GU9 9NN.

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

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